CTP secures €500 million sustainability-linked loan to refinance existing debt

CTP N.V. has signed a five-year €500 million unsecured syndicated sustainability-linked loan facility with a fixed all-in cost of 3.7%. The new facility replaces a previous syndicated loan arranged in 2023 and is expected to deliver meaningful interest savings and reduce the company’s overall cost of debt.

The facility attracted strong interest from the lending market and was oversubscribed by more than two times. A total of 13 banks from Europe and Asia participated in the syndicate, with SMBC and ING acting as Global Coordinators and Sustainability Coordinators.

CTP stated that the financing aligns with its long-term capital structure strategy and supports the company’s sustainability objectives. The terms of the loan include sustainability-linked metrics, reflecting the company’s commitment to improving environmental performance across its portfolio.

Proceeds from the facility will be used to refinance the existing 2023 syndicated loan, enabling the company to optimise its debt profile amid evolving market conditions. The transaction is also expected to enhance liquidity and provide CTP with greater flexibility in managing future investments and operational needs.

As one of the largest logistics and industrial park developers and operators in Europe, CTP continues to focus on maintaining an investment-grade credit profile while integrating environmental, social, and governance (ESG) considerations into its financing strategy.